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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
G.7,1.2
7

H£F

f£Dt

EBEHc~

FOR IMMEDIATE RELEASE
December 5, 1956

FlLh

^L
MONTHLY DEPARTMENT STORE STOCKS
Of CHIC^Q ^/V^TBased. on retail dollar amounts)

1

October 1956
' W56
The value of department store stocks increased
October to a new high after allowance for the usual sea§6ti^Qp ^
change. The adjusted index is estimated at 1U2 per cent
^AQQ
of the 19U?-1|.9 averaget compared with 139 for September and
130 for October a year ago.

Federal Reserve
District
f
Boston
New York
Philadelphia
Cleveland

Index Numbers
(Avera; end-of-month stocks 19U7-U9=100)
ge
Unadjusted
Seasonally adjusted
1956
1956
1955
T1955 "
Oct.
Sept. | Oct, Oct, | Sept* Oct*
1U8
ia
153
ia

136
130
rlU2
132

139
rl31
rlU5
133

+ 9
+11
+ 8
+ 9

+ 7
+10
+ 6
+ 8

169
167
131
13U

rl54 P192
156 P189
120
153
130
153

175
17U
138
1U5

rl70
170
137
1U5

+10
+ 9
+11
+ 6

+13
+11
+11
+ 6

139
pl50
pl58
plu7

128
1U8
156
1U8

125
rlUO
rl5l
rl36

151
Pl62
P17U
P167

13k
153
166
15b

136
rl5l
rl67
rl55

+12
+ 6
+ 5
+ 9

+11
+ 7
+ U
+ 8

plU2

139

rl30

P159

1U5

1U5

+ 9

+ 9

131
129
133
129

132
123
135
126

Richmond
Atlanta
Chicago
St# Louis

P17U
pllh
13U
137

Minneapolis
Kansas City
Dallas
San Francisco
United States

Percentage
change Oct,
1956 from
Month
Year
ago
ago

123
117
126
119

Note:—Indexes are based on value of stocks at end of month. For description and
monthly indexes for the period January 1919 to October 1951 see Federal
Reserve Bulletin for December 1951; pp. Il|63-l5l5« Indexes for the most
recent thirteen-month period are shown regularly in the Bulletin. Percentage
changes are based on unadjusted indexes.